TaxGuidance Team

1099 vs S Corp: Tax Savings, Reasonable Pay, and Switching Costs

ASC 606: Revenue from Contracts with Customers, Five-Step Model

What Happens If You Don’t Pay Local Taxes: Liens, Levies, and Tax Sales

Alcohol Import Tax: Customs Duty, Excise Rates, and Permits

How to Complete a Residence Homestead Exemption Application

Reversing Accruals: Which to Reverse, Timing, and Pitfalls

What Is Form 8919 Used For? Reason Codes and SS-8 Filing

Taxes on Medical Weed Purchases: Sales, Excise, and Local Rates

Transfer of ESPP Stock: Holding Periods, Cost Basis, and Form 3922

IRA First-Time Home Buyer Withdrawal: Limits, Deadline, and Taxes